Mercedes dropped $4B in Alabama to ease tariff costs — one of the first signs of Trump’s ‘Made in America’ plan working
Trump’s auto tariffs appear to be turning into treasure for Alabama’s Tuscaloosa County. At a recent event at the county’s Mercedes-Benz plant, company executives promised a $4 billion investment plan…
Trump imposes new tariffs on certain pharmaceutical drugs
President Donald Trump signed an executive order Thursday that could slap long-threatened pharmaceutical tariffs of up to 100% on some patented drugs from companies that don’t reach deals with his…
US menus change as Trump’s tariffs hit wine prices
Many producers staved off price increases when U.S. alcohol sales are already suffering from affordability issues, the rise of alternatives like cannabis drinks and shifting drinking habits. Francis Creighton, CEO…
He wants children’s bikes made in the U.S.A. — and tariffs against his rivals
Riley wanted to put the brakes on that trend by opening his own factory in the United States. Now, he’s asking the Trump administration to give his bikes a push,…
Tariff Impacts on Overall Economy Muted in 2025 As Importers Footed the Bill
Despite raising tariffs to an 80-year high last year, the Trump administration’s International Emergency Economic Powers Act (IEEPA) duties had muted impacts on America’s overall economic standing. While they ballooned…
Two Senators Call for U.S. Tariff Probe Into Construction and Farm Equipment
Two U.S. senators, a Democrat and a Republican, urged the Commerce Department on Thursday to launch a national security investigation into the import of heavy construction and farm equipment made…
After ‘Sausage Making,’ European Lawmakers Approve U.S. Trade Deal
The European Parliament signed off on major provisions of the trade deal that the United States and the bloc struck last year at President Trump’s golf course in Turnberry, Scotland….
CNBC anchor shocked by US trade deficit drop from $136B to $29B — the lowest since 2009.
The U.S. has lived with a massive trade deficit for decades. But under President Donald Trump’s sweeping tariffs, that gap suddenly narrowed — and much faster than many expected. That…
Industrial Real Estate Shifts Inland Due to New Trade Patterns
Shifting global trade patterns and cost pressures are reshaping industrial real estate demand across North America, with logistics users increasingly moving large-scale distribution activity away from coastal port markets and…
Industrial Real Estate Shifts Inland Due to New Trade Patterns
Rising costs in coastal logistics markets are contributing to the shift. Industrial rents in port markets climbed 65% between 2019 and 2023 and remain 33% higher than the national average,…